The Egyptian government, together with Egyptian-UAE joint venture Infinity Power and Abu Dhabi’s Masdar, signed two agreements on Saturday, August 17, to develop a 200MW wind farm in the Gulf of Suez.
The project is expected to begin commercial operations in October 2026 and will strengthen Egypt’s renewable energy mix and contribute to the country’s target of sourcing 42 percent of its energy from renewables by 2035.
The signing ceremony was attended by senior Egyptian and UAE officials and marked the latest in a series of agreements aimed at expanding Egypt’s renewable energy sector and boosting private sector involvement.
The consortium, led by Masdar and Infinity Power, will be responsible for developing, financing and operating the wind farm.
The project follows an agreement between the Egyptian government, Masdar, Infinity Power and Hassan Allam Utilities to build a 10 GW onshore wind farm, one of the world’s largest.
The new 200MW wind farm is expected to generate 47,790GWh of clean energy per year, reducing carbon dioxide emissions by 23.8 million tonnes and saving Egypt an estimated US$5 billion (Egyptian pounds 244 billion) annually on its natural gas costs.
Egyptian and UAE officials stressed the strategic importance of the cooperation and underscored their determination to integrate a significant amount of renewable energy into Egypt’s power grid.